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Thames Gateway Interim Plan Development Prospectus - EUKN

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B2.12 The £40m Medway Innovation Centre (MIC) will develop a knowledge cluster on<br />

a four hectare site adjoining Rochester Airfield and BAE Systems. The first of<br />

three phases is nearing completion. The project will create high-skilled jobs,<br />

retain and attract more university graduates, and help to retain BAE Systems as<br />

the major employer in Medway. In total some 200,000 sq.m of floor space will<br />

be developed for at least 2,000 jobs. The MIC itself is managed by Medway<br />

Campus Ltd – a limited company consisting of Medway Council, BAE Systems,<br />

University of Kent, University of Greenwich, and the Royal Bank of Scotland.<br />

Housing Growth<br />

B2.13 The majority of housing sites are riverside sites, which will be promoted for<br />

mixed-use developments. These include a range of sites in the town centres:<br />

Rochester and Strood Riverside, Strood Temple Waterfront, St Mary’s Island and<br />

Gillingham Waterfront. In addition, the MOD-owned land, particularly sites at<br />

Chattenden and Lodge Farm, will deliver over 5,000 new homes.<br />

<strong>Plan</strong>ned development and marina at Gillingham Waterfront<br />

90<br />

THAMES GATEWAY DEVELOPMENT PROSPECTUS

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